StoneX Group Inc. Buys 19,730 Shares of First Trust Capital Strength ETF $FTCS

StoneX Group Inc. bought a new position in First Trust Capital Strength ETF (NASDAQ:FTCS) in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 19,730 shares of the company’s stock, valued at approximately $1,889,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FTCS. Investors Research Corp acquired a new position in shares of First Trust Capital Strength ETF in the second quarter valued at about $16,354,000. Compass Financial Management LLC purchased a new position in shares of First Trust Capital Strength ETF in the second quarter worth about $897,000. Everest Financial Group LLC acquired a new stake in shares of First Trust Capital Strength ETF during the first quarter worth about $637,000. Parallel Advisors LLC lifted its holdings in shares of First Trust Capital Strength ETF by 3,375.7% during the first quarter. Parallel Advisors LLC now owns 10,427 shares of the company’s stock worth $967,000 after purchasing an additional 10,127 shares during the period. Finally, Capital Square LLC acquired a new stake in shares of First Trust Capital Strength ETF during the second quarter worth about $762,000.

First Trust Capital Strength ETF Price Performance

Shares of NASDAQ FTCS opened at $102.58 on Monday. The business’s 50 day moving average price is $98.31 and its 200 day moving average price is $96.46. The firm has a market cap of $7.93 billion, a P/E ratio of 20.65 and a beta of 0.68. First Trust Capital Strength ETF has a 52 week low of $89.76 and a 52 week high of $106.65.

First Trust Capital Strength ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were given a dividend of $0.3332 per share. The ex-dividend date of this dividend was Thursday, September 24th. This represents a $1.33 dividend on an annualized basis and a yield of 1.3%. This is a boost from First Trust Capital Strength ETF’s previous quarterly dividend of $0.2636.

About First Trust Capital Strength ETF

First Trust Capital Strength ETF, formerly First Trust Strategic Value Index Fund, seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an equity index called the Credit Suisse U.S. Value Index, Powered by HOLT (the Index). The Index is developed, maintained and sponsored by Credit Suisse Securities (USA) LLC and Credit Suisse Group AG (collectively, the Index Provider). The Fund will normally invest at least 90% of its net assets in common stocks that comprise the Index.